UAE markets 25 Mar 2010

UAE market news & discussions for 25 March 2010 The Dubai Government announced $9.5 billion funding for Dubai World, prompting solid gains on UAE markets led by Emaar, DFM, and Arabtec in Dubai, rising sharply on substantially higher volumes than we've seen for a while. On the Nasdaq Dubai at 1530 UAE time, DP World is up 4.4%, Depa is up 2.9%, and Damas is down 15.5%. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks rose 4.3% to 1845 points from AED 1.7 billion worth of trading, with over half of that in Emaar Properties (EMAAR), up 8.8% to 4.07 from AED 891m, and also the top gainer. The next two in the top gainers list were also the only other two stocks trading more than AED 100m worth - Dubai Financial Market (DFM) up 7.8%, and Arabtec (ARTC), up 6.9%. Dubai Islamic Bank (DIB) was up 5.5%, Dubai Investment Company (DIC) rose 5.1%, and most other stocks were up between 1% and 5%. There were only 3 losers, and only HITS Telecom, down 0.76%, saw turnover of more than AED 1m. Abu Dhabi Securities Exchange Abu Dhabi stocks rose 1.1% to 2904 points from turnover of AED 297m with Aldar Properties (ALDAR) the most active stock, and the only one trading more than AED 100m, up 5.4% to 4.37. Apart from a single small trade in National Bank Of Ras Al Khaimah (RAKBANK), Sorouh Real Estate (SOROUH) was the top gainer, up 6.75% to 2.41, Union National Bank (UNB) and Abu Dhabi Commercial Bank (ADCB) rose 5.8%, Ras Al Khaimah Properties (RAKPROP) was up 3.8%, Dana Gas (DANA) 3.4%, Aabar Energy (AABAR) 3.2%, Abu Dhabi Islamic Bank (ADIB) 2.3%, and the other gainers were up less than 2% or on low volume trading. Emirates Telecom (ETISALAT) and National Bank of Abu Dhabi (NBAD) both rose about 0.4%. There were five losers, with Ras Al Khaimah Poultry (RAPCO) the worst, closing 10% limit down, but none saw trading of more than AED 1m worth.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Dubai World gets $9.5bn government backing ixtira Thu 25 Mar 2010 15:32 Dubai Financial Market investor literacy index sharewadi Thu 25 Mar 2010 15:27 DFM website problem fadi Thu 25 Mar 2010 14:00 Marketwatch March 2010 DFM ADX Ali Al-Darbi Thu 25 Mar 2010 13:55 Which Shares will Peak Faster Now ? sam111sam Thu 25 Mar 2010 11:37 Best investments in UAE 2010? sam111sam Thu 25 Mar 2010 11:27 Dubai Govt Funding bsense Thu 25 Mar 2010 10:38 DAMAS share trading resume? ixtira Thu 25 Mar 2010 09:38 ADX ETFs moor Wed 24 Mar 2010 17:17 Drake Scull 2009 profit Ali Al-Darbi Wed 24 Mar 2010 16:06 DP World 2009FY profit US$370m -30% sharewadi Wed 24 Mar 2010 10:43 Emaar & chances of a dividend? sam111sam Wed 24 Mar 2010 10:19 Dividends of Air Arabia, DFM & DIB sharewadi Wed 24 Mar 2010 08:01 World Markets at 1yr High! sam111sam Tue 23 Mar 2010 21:15 Broker Jobs/ Trading mentor/ Courses aerojack Tue 23 Mar 2010 20:47 FXCM MENA forex trading NooraEid Tue 23 Mar 2010 17:11 Air Arabia dividend bandakok Tue 23 Mar 2010 02:52

best stock rises symbol price change EMAAR 4.07 +0.33 +8.8% DFM 1.94 +0.14 +7.8% RAKBANK 3.85 +0.25 +6.9% ARTC 2.32 +0.15 +6.9% SOROUH 2.41 +0.15 +6.6%

worst stock falls symbol price change RAPCO 2.12 -0.23 -9.8% AKIC 1.02 -0.07 -6.4% NBQ 3.10 -0.20 -6.1% ARIG 2.15 -0.13 -5.7% GGICO 0.91 -0.02 -2.2%

top volume symbol value (AED) price EMAAR 891,418,476 4.07 DFM 324,024,670 1.94 ARTC 204,201,552 2.32 ALDAR 124,200,195 4.37 DIB 88,779,539 2.67

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